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3517 Cornell Pl 3 Unit Apartment Building $1,768,841 CAD ($589,614 CAD/Unit) 7.83% Cap Rate Cincinnati, OH 45220



Investment Highlights
- Historic Mansion in A Cul-de-Sac,
- Private Setting, Forest
- Walk to Business District
Executive Summary
Historic Mansion and original estate to the entire Clifton Gaslight community. Built in 1853 memorialized in a bronze sidewalk plaque on Ludlow. Excellent owner occupy opportunity to live for free in a mansion. Located on a cul-de-sac. Backing to acres of wilderness. Amazing sunsets from the highest elevation in the gaslight district. Yet walk to Ludlow for all your needs. Most apartments have been renovated. Copper roofs. New electric panels. Marble floors and mantles. Huge rooms 20'x30' with 13' ceilings. 10' old growth walnut doors. Garage parking. Laundry and storage. Condo conversion opportunity.
SELLER FINANCING AVAILABLE 25% down, 5% interest for up to 5 years, 30 year amortization. No pre-payment penalty.
SELLER FINANCING AVAILABLE 25% down, 5% interest for up to 5 years, 30 year amortization. No pre-payment penalty.
Property Facts
| Price | $1,768,841 CAD | Building Class | C |
| Price Per Unit | $589,614 CAD | Lot Size | 0.41 AC |
| Sale Type | Investment | Building Size | 12,000 SF |
| Cap Rate | 7.83% | Average Occupancy | 100% |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1853/1996 |
| Property Subtype | Apartment | Parking Ratio | 0.17/1,000 SF |
| Apartment Style | Townhome | ||
| Zoning | SF6 | ||
| Price | $1,768,841 CAD |
| Price Per Unit | $589,614 CAD |
| Sale Type | Investment |
| Cap Rate | 7.83% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.41 AC |
| Building Size | 12,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1853/1996 |
| Parking Ratio | 0.17/1,000 SF |
| Zoning | SF6 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 3 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 215-0065-0093 | Improvements Assessment | $258,869 CAD |
| Land Assessment | $46,295 CAD | Total Assessment | $305,164 CAD |
Property Taxes
Parcel Number
215-0065-0093
Land Assessment
$46,295 CAD
Improvements Assessment
$258,869 CAD
Total Assessment
$305,164 CAD
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Presented by
Tallarigo Properties
3517 Cornell Pl
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